Waaree Renewable Technologies – Q1 Results & Growth Outlook:-
Some important companies and some important updates related to them The name of the first company is Waaree Renewable Technologies.Disclaimer that all the news and updates related to the companies that we will cover are only for educational purposes. So do not consider this as any kind of investment advice. You can also do your own research and analysis. In the last few times, you have been seeing Vari Renewables in focus due to multiple reasons. Recently, the company published its quarter one results. But there was tremendous growth before the numbers came out. Now often we have seen that when the numbers of a company are about to come and before that if there is a rise or fall, then on that basis you can expect what the market is expecting from the results of this company. If a very big boom is seen then it means that there are chances of good results and if a huge decline is seen then the market is already prepared for the fact that we may get to see bad results.
Profit Growth Impresses, Revenue Slightly Below Expectations:-
At them in terms of revenue then they are not that impressive but in terms of profit then they are quite impressive because we are seeing a three fold jump in the profit of last year and this year and a growth of 155% has been witnessed in the revenue which cannot be called bad but because of the kind of growth that was there, if we talk about the expectations then there was a growth of about 200 to 250% but it was not reported like that but still we cannot call these numbers bad. Now you can also see the exact figures. The revenue of the company was around 156% – 155%. Let us assume that this time we got a revenue of 63 crores. The company aims to generate revenue of around Rs 4000 crore in the financial year 2026. If you want to achieve Rs 4,000 crore, then if you calculate the average for each quarter, you will get an average of Rs 1,000 crore. So if we compare Rs 600 crore with Rs 1000 crore, there is a difference of Rs 400 crore. So it is possible that the company may be seen recovering this in the next quarter or the quarter after that.
EBITDA Margin Improvement:-
But if the average is Rs 1000 crore then the market will also keep its expectations accordingly. So that is why you that the revenue has not been at the level that the market had expected. But friends, if we talk about margins, we have seen these EBITDA margins expanding by 200 basis points, regarding which the company had also commented that it is targeting a margin of 26 to 27% and this time the company has reported an EBITDA margin of around 19%, which was around 17% last year. Now after all these things, friends, how is the order book of the company? Here the company has told how the company’s revenue, EBITDA, profit after tax has performed in quarter one. But after that you get to see the order book positions. If you look at it carefully, the company has now informed that the current position of its unexecuted order book is 3.15 MW. The company is expecting its execution in the next 12 to 15 months. You should note this thing.
Order Book and Execution Timeline:-
Apart from that, the company has also said that if we about the budding pipeline, it still looks quite strong to us because that number is more than 25 megawatts, sorry, even more than a gigawatt. Now the meaning of budding pipeline here is that the company can grow by taking such big contracts. Now suppose the company does not get 25 GW capacity.So, there are some chances for the company to get good orders in the coming future. And the company is also not taking very long time frame for the execution of its order book.About the highlights of quarter one, the company has informed that it has received an order of 435 MW. Apart from that, the company has also received an order of 131 MW which is also for quarter one.
Reliance Industries – Big Expectations from Q1:-
The next company whose name is Reliance Industries LED. Now the reason for it being in focus is its numbers which have not come yet and are about to come.Now Reliance Industries is the largest company in India. If its results are to come then it is obvious that the whole market will be looking at this company. Reliance Industries, HDFC Bank, TCS, these are all some of the companies whose numbers are about to come, the whole market keeps an eye on them because all these companies have the potential to shake the entire market. This is because it has a huge market cap.
Segment-Wise Market Expectations:-
So look, you all must know that basically there are three important businesses in which two businesses retail and OTC give the maximum revenue and profit to the company. So we will understand all three segments very well. So if we about the retail segment, its revenue is expected to grow by around 20% on year-on-year basis and the market is expecting EBITDA margin to be around 7.6%. We may see growth in EBITDA around 16 to 20% on year-on-year basis and on sequential basis we may see flat numbers i.e. on the basis of Q1.
About the segment which gives the highest revenue, that is, the O2C segment in which the market is expecting a growth of 21% on year on year basis in IBRA. All of you should know that in the last 1.5 years, the biggest contribution to the growth of Reliance Industries that we were not able to see was from the O2C segment. Because this segment was not able to give as much profits to the company as it used to earlier.
Broker Estimates – EBITDA & Revenue:-
So, for this reason, we can say that this time we may see an improvement in it and ultimately we may see its impact in the total number of Reliance Industries. About Kotak, it has expected a growth of around 19% in IBRA on year on year basis and Navama has also expected around 19%. Now look friends, if we talk about Jio, we can see a growth of 19 to 20% in its EBITDA growth. It may look like 3 to 4% on QA basis. Now we are seeing its RPO is ₹211 RPO meaning average revenue per user which Reliance Industries is targeting to take to ₹250 to ₹350. Now ultimately what are the market’s expectations regarding the company’s total result ? About the EBITDA and margin estimate of this company, then this securities is expecting EBITDA of Rs 45,927 crore. Their margins on Q1Q basis can be seen improving by 154 basis points, and on year on year basis, it can be seen improving by 158 basis points. And if about Kotak, then it is working on an estimate of Rs 44,000. Phillip Capital also has 44,000 and Navama has 45.20, so we can say that if we look at the minimum expectations and maximum expectations, then the maximum expectation is Rs 45,927 crore from the EBITDA of this company. And friends, if we talk about its revenue, then Yes Securities is expecting a revenue of around Rs 2.5 lakh crore. Flip Capital less than that, Kotak less than that and Navama less than that. And if we about the company’s profits for quarter one, Kotak is expecting a profit of Rs 28,542 crore, which is an expectation of growth of around 88% if seen on year-on-year basis. Because of which the net profit of the company will appear higher in comparison to IBRA growth. So because of this, do not get confused by looking at the growth of IBRA and profit as to why there is more in one and less in the other.
HDFC Bank – Q1 Results, Bonus, and Dividend Incoming:-
The next company whose name is HDFC Bank. Friends, this company is going to be in focus tomorrow. Even though the market is off tomorrow but still. Because HDFC Bank is going to publish its results tomorrow. Along with that, the company will also be seen giving you bonuses and special dividends. So if you are a shareholder of HDFC Bank then you can definitely take note of all these things. This is important news. If you are an investor then definitely this news can be important for you.
Bajaj Finance – Growth Continues Amid Slight Slowdown:-
The next company whose name is CDSL i.e. Central Repository Service India. About CDSL, if you look at the revenue contribution of this company, we get to see 34% of the total revenue of the company from annual issue income. The company generates 32% of its total revenue from transaction charges. And now the results of quarter one that we will see will be based only on transaction charges but the market will keep an eye on how much revenue the company is getting from that. Because in the last quarter and the quarter before that, we saw this particular segment performing weakly. We can also say this. Now when you look at the quarterly results of the company, you will not see any good improvement or good growth in the last two quarters. If we on year on year basis, once again we may see that thing in quarter one also.
Because there is a company in the capital market named Jelel One. Even if you look at the numbers of the quarter one results that it just reported on a year on year basis, deficiencies were visible. Only a decline of 18% was seen. But we did see an improvement on Q&Q basis. So we can only hope that maybe we may get to witness this thing in CDSL also. The result of CDSL on 26th July. Please note down this date. Apart from that, the company also recently declared the record date of its dividend which was ₹ 12.5 per equity share. You can note the record date as 14th August. So if you are not a shareholder of these companies then you can take note of all this news. The remaining shareholders are not there. You can ignore it.